I believe it if you're a museum. But the demand for the flags and what makes them more valuable compared to other artifacts from the same era are the s**tbags who worship Hitler and want to go back to that era.
Yeah they're all just "collectors."
Claybuster: Can you please clarify your above statement?
I don't think you are saying that anyone that has Nazi memorabilia that is not in a museum is a s**tbag. I believe you are calling Neo-Nazis s**tbags - which you're entitled to do. You're absolutely entitled to your opinion - it's the right that those very people that went to war back in the 1940s died to protect.
A good collection would include all items from a war from both sides - perhaps someone would have a flag on display and mention the troops that took it. For instance, this flag may have flown off of the top of The Eagle's Nest and was a memento for the soldier who took it....
What makes them more valuable is that quite a few of the collectibles were destroyed by people because of their hatred for the Nazis and what they did during the war.
I am not condoning Hitler, I am however advocating for balanced knowledge and responses.
The OP was asking the collective community if there were some value to the flag and received some responses suggesting to get it appraised, which I believe was good information.
OP: I'd HIGHLY suggest taking the flag to your local University's history department and ask them for assistance in obtaining the value of the flag. While what the flag represents is repugnant at best, we can never forget the millions of people that died.
EDIT: Some information on the Swastika (that predates our less than 100 years of history)....
http://history1900s.about.com/cs/swastika/a/swastikahistory.htm
The Original Meaning
The word "swastika" comes from the Sanskrit svastika - "su" meaning "good," "asti" meaning "to be," and "ka" as a suffix.
Until the Nazis used this symbol, the swastika was used by many cultures throughout the past 3,000 years to represent life, sun, power, strength, and good luck.
What Does the Swastika Mean Now?
There is a great debate as to what the swastika means now. For 3,000 years, the swastika meant life and good luck. But because of the Nazis, it has also taken on a meaning of death and hate.
Some cultures in the past had differentiated between the clockwise swastika and the counter-clockwise sauvastika. In these cultures the swastika symbolized health and life while the sauvastika took on a mystical meaning of bad-luck or misfortune.
But since the Nazis use of the swastika, some people are trying to differentiate the two meanings of the swastika by varying its direction - trying to make the clockwise, Nazi version of the swastika mean hate and death while the counter-clockwise version would hold the ancient meaning of the symbol, life and good-luck.